On Wednesday 13 March, the Belgian Presidency of the Council of the European Union announced that the EU27 had reached agreement on the ‘Ukraine Assistance Fund’.
“EU ambassadors have agreed in principle on a reform of the ‘European Peace Facility’ (EPF) to support Ukraine with a budget of €5 billion for 2024”, the Presidency announced on X (formerly Twitter). The decision is expected to be endorsed by the Foreign Affairs Council on Monday 18 March.
“The EU remains...